Fossil fuels aren’t going anywhere

[Source: OilPrice.com] “There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other executives from the industry, Simonelli acknowledged and welcomed the energy transition, but he noted that a 100-percent renewable energy scenario was simply not Read More…

Debunking the green energy illusion

[Source: Dalia Maeroff] Climate change is at the center of everyone’s attention nowadays, with California’s sky burning orange. One solution is dominating the conversation of fixing our planet’s climate — green energy. Green energy means to transition away from fossil fuels and rely on cleaner ways of generating energy without releasing greenhouse gases into the Read More…

Analysis of renewable energy points policy makers to path toward more affordable and reliable carbon-free electricity

[Source: Caltech News] As more states in the U.S. push for increased reliance on variable renewable energy in the form of wind or solar power, long-term energy storage may play an important role in assuring reliability and reducing electricity costs, according to a new paper published by Caltech researchers. Graduate student Jackie Dowling, who works Read More…

COVID-19 impact on US renewable energy projects

[Source: BRACEWELL LLP] The COVID-19 pandemic is raising numerous concerns for renewable energy projects under development in the United States. First, will Congress address renewable energy industry concerns in the coming round of the COVID-19 legislative debate, or soon thereafter, by extending renewable energy tax credit programs or otherwise? Second, can renewable energy facilities under Read More…